Ignore the market, it will get better.
Between the lousy weather and the battered down stock market, it’s been a very mundane weekend. I’ve taken to, in large part, ignoring the day to day happenings in the stock market, and I think I’m a bit more sane for doing it.
Blogging about many of the financial headlines these days doesn’t seem to interest me as much… Are we in a recession or not? Who cares?
For the last week, I’ve been checking in on the overall market trends about once a day, versus once an hour or so. My investments are tied up in fairly secure long-term, proven companies, so it’s not like I’m hunting for the straw that broke the camels back in any one of my holdings.
I’ve got a ton of money sitting on the sidelines, just waiting to be invested, but until I start seeing some money and volume coming back into the market, I’m really hesitant to pull the trigger.
What say you? Has the market burned you out?
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I’ve been rotating money back in. You have to buy when they’re not. Once that volume pumps up , its probably too late to buy. My 2 cents.
Yes!
I know my blog has suffered. I can’t find any good ideas right now. The market just makes me hesitant to pull any triggers.
Topics I keep thinking over:
1. Why are oil company stocks doing so well and refineries not?
2. Want to save US manufacturing: keep devaluing the US dollar?
3. Searching for good companies in a bad market…
4. Despite a bad economy, construction business is booming, where do I invest?
Stocks I like, but hesitant to pull the trigger in this market:
ROK, BAX, CAT, DE
Hopefully I will find the time to start writing things up again, because with this market being as volatile as it is I have spent my time fixing up the new house.
I don’t follow the market on a daily or even weekly basis so it doesn’t bother me. I always think it’s funny to see so many people spend SO much time tracking its every move.